Hutchison Port Holdings Trust (HPH Trust), headquartered in Singapore, is a leading player in the global port and logistics industry. Established in 2011, the trust operates across key regions, including Asia and Europe, providing essential services in container handling and terminal operations. HPH Trust is renowned for its state-of-the-art facilities and innovative solutions that enhance supply chain efficiency. With a focus on sustainability and operational excellence, the trust has achieved significant milestones, positioning itself as a market leader in the sector. Its strategic partnerships and extensive network of terminals underscore its commitment to delivering exceptional value to customers and stakeholders alike.
How does Hutchison Port Holdings Trust's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Inland Water Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Hutchison Port Holdings Trust's score of 33 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hutchison Port Holdings Trust, headquartered in Singapore (SG), has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the Trust has established a comprehensive framework for its greenhouse gas (GHG) reduction targets. The Trust is committed to achieving net-zero GHG emissions across its entire value chain by 2050, using 2021 as the baseline year. In the near term, Hutchison Port Holdings aims to reduce absolute Scope 1 and 2 emissions by approximately 54.6% by 2033. Additionally, it plans to cut absolute Scope 3 emissions by about 32.5% within the same timeframe. For the long term, the Trust has set a target to reduce absolute Scope 1 and 2 emissions by 90% by 2050, alongside a similar 90% reduction in absolute Scope 3 emissions. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Hutchison Port Holdings Trust's proactive approach to climate action underscores its commitment to sustainability and environmental responsibility within the water transportation sector.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hutchison Port Holdings Trust is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.